Local Market Update for January:

by MLS Area: https://www.abor.com/news_media/statistics/reports/AreaMarketUpdates/2011/Jan11.pdf

by MLS Region: https://www.abor.com/news_media/statistics/reports/RegionMarketUpdates/2011/Jan11.pdf

January MLS Indicators:

Residential Resale Report:https://www.abor.com/news_media/statistics/reports/MonthlyIndicators/2011/MarketReports/Jan11.pdf

Housing Supply Overview: https://www.abor.com/news_media/statistics/reports/MonthlyIndicators/2011/HousingSupply/Jan11.pdf

Austin MLS Housing Activity from RECON (click on tabs on top to see Monthly, Annual and Price Distribution thru 2010):

http://recenter.tamu.edu/data/hs/hs140.asp

MLS Housing Activity from RECON (click on tabs on left to see Current Trends, MLS Areas & Housing Affordability):

http://recenter.tamu.edu/data/hs/trends.asp

Austin Ranked 2nd Best Place for Dating:

http://www.futureofrealestatemarketing.com/2011/02/11/just-released-3-new-upgrades-to-facebook-pages/

Round Rock #12 Most Romantic City in the US :

http://www.bizjournals.com/austin/news/2011/02/11/round-rock-no-12-most-romantic-city.html?ed=2011-02-11&s=article_du

Austin 5th Most City Moved to UHaul Says:

http://www.bizjournals.com/austin/news/2011/02/17/austin-5th-most-moved-to-city-uhaul.html?ed=2011-02-17&s=article_du

Dog Friendly Parks & Hotels:

http://romanreign.com/austin_dog_friendlyparkshotels.htm

Dog Friendly Restaurants:

http://romanreign.com/austin_dog_friendlyrestaurants.htm

Austin Accolades & Rankings:

http://www.trinitytitletx.com/pdfs/Accolades2010.pdf

Public Golf Courses:

http://www.trinitytitletx.com/pdfs/Golf_austin.pdf

WWW.HelloAustin.Com: Everything You Could Possibly Want to Know About Austin

such as Job, Events, Real Estate, Zip Codes, Neighborhoods and Much More

Also: Www.HelloRoundRock.com

Austin Gas Prices Up 2 cents, Near $3:

http://www.bizjournals.com/austin/news/2011/02/17/austin-gas-prices-up-2-cents-near-3.html?ed=2011-02-17&s=article_du

Austin may Pay for Rail Study:

http://www.bizjournals.com/austin/news/2011/02/14/austin-may-pay-700k-for-rail-study.html?ed=2011-02-14&s=article_du&ana=e_du_pub

Austin Area Foreclosure Rises 6% in Quarter 1:

http://www.bizjournals.com/austin/news/2011/02/14/austin-area-foreclosures-rise-6-in-q1.html?ed=2011-02-14&s=article_du&ana=e_du_pub

Austin Home Prices up 4.1%:

http://www.bizjournals.com/austin/news/2011/02/10/austin-home-prices-up-41.html?ed=2011-02-10&s=article_du&ana=e_du_pub

Job Growth Expected to Expected to Improve Market:

http://www.myrealtyline.com/Monthlypdfs/RealtyLine_Feb_11.pdf?utm_source=Realty+Line+Subscribers&utm_campaign=980c1d10cd-February_20112_16_2011&utm_medium=email

Employment and Unemployment for Travis County :

http://recenter.tamu.edu/data/emp/empc/cntycn484530.asp

Employment and Unemployment for Williamson County :

http://recenter.tamu.edu/data/emp/empc/cntypa483150.asp

State by State Employment: Texas Ranked #1: The following database contains the latest nonfarm employment figures for all 50 states and the District of Columbia , as of December 2010. All figures are seasonally adjusted. Each state is listed with its latest job total, along with its changes during the past month and past year.

http://www.bizjournals.com/buffalo/datacenter/state-by-state-employment.html

US Unemployment Rate Falls to 9%:

Home Affordability Returns to Pre-Bubble Levels:

http://online.wsj.com/article/SB10001424052748703313304576132291585938656.html?mod=WSJ_RealEstate_LeftTopNews

Mineral Interest and How they Affect a Transaction:

https://www.abor.com/news_media/austin_realtor_print_archives/2011/JanFeb11.pdf#page=12

Real Estate Agents, Got a Rental?:

http://www.inman.com/buyers-sellers/columnists/stephenfishman/real-estate-agents-got-a-rental

Internal Revenue Code:Sec. 469. Passive activity losses and credits limited:  http://www.taxalmanac.org/index.php/Internal_Revenue_Code:Sec._469._Passive_activity_losses_and_credits_limited

Rates for 30-year home loan climb higher than 5 percent/Timing coincides with better job security, economic confidence:

http://www.statesman.com/business/real-estate/rates-for-30-year-home-loan-climb-higher-1246665.html

Cash Buyers Lifting Houses:

http://online.wsj.com/article/SB10001424052748704570104576124502975117950.html?mod=WSJ_RealEstate_LeftTopNews

Is Seller Financing a Thing of the Past?:

https://www.abor.com/news_media/legal_archives/2010/Apr10.pdf

Long Road to Housing Reform:

http://www.portfolio.com/views/blogs/capital/2011/02/11/replacing-fannie-mae-freddie-mac-could-take-five-years-or-more?ana=e_pft#

FICOs and FHA: Two Big Lenders Loosen Up:

http://www.inman.com/buyers-sellers/columnists/kenharney/ficos-and-fha-2-big-lenders-loosen

Six Steps to Boost Your Credit Rating:

http://www.inman.com/buyers-sellers/columnists/tara-nicholle-nelson/6-steps-boost-your-credit-rating

Home Owners Choose Shorter Mortgages:

http://www.bizjournals.com/austin/news/2011/02/15/homeowners-choose-shorter-mortgages.html?ed=2011-02-15&s=article_du&ana=e_du_pub

Texas Foreclosures Jump 22% in January:

http://www.bizjournals.com/austin/news/2011/02/14/austin-area-foreclosures-rise-6-in-q1.html?ed=2011-02-14&s=article_du&ana=e_du_pub

A Changed Market Short Sales & REOs:

http://www.inman.com/products/downloads/a-changed-market-short-sales-and-reos

Buying A Home After Foreclosure or Short Sale | Wait Time To Buy Again After Short Sale:

http://timandjulieharris.com/2011/02/01/buying-a-home-after-foreclosure-or-short-sale-wait-time-to-buy-again-after-short-sale/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TimAndJulieHarris+%28Harris+Real+Estate+University+%7C+Daily+Coaching+%7C+What+are+you+here+to+give%3F%29

BEXAR COUNTY FORECLOSURE POSTINGS UP

ADDISON (Foreclosure Listing Service) – Quarterly foreclosure posting activity in Bexar County  topped 4,300 for the fifth time in this foreclosure cycle, according to the latest report from Foreclosure Listing Service.

“From January through the upcoming foreclosure auction on March 1, 4,330 postings have been filed threatening properties in Bexar County with foreclosure," said FLS President George Roddy Sr. in the report.

That's about even with first quarter 2010, which had 4,346 postings, but it's up 1 percent from fourth quarter 2010, which had 4,268 postings.

Foreclosure posting activity in first quarter 2011 in Bexar County was 105 percent higher than it was eight years ago when FLS began tracking foreclosure activity there.

Here's how other areas tracked by FLS compared:

CANYONS ON LAKE TRAVIS UNDERWAY:

AUSTIN (Austin Business Journal) – Partners in Building LP has acquired 121 acres near Lakeway that will be developed into a new residential project.

The gated community, dubbed the Canyons on Lake Travis , is expected to contain 57 homes, each on about one acre. The acreage was purchased at auction in November through Norwood Homes Inc.

Homes will be built to suit starting in the high $400,000s. Efforts are currently underway on landscaping, front gate features and common areas.

Total Postings
1st Quarter 2011

% Change from
1st Quarter 2010

% Change from
Previous Quarter

Austin metro

4,186 up 6% up 5%

Travis County

2,245 up 7% up 3%

Williamson County

1,310 up 4% up 4%

Hays County

437 up 6% up 22%

Bastrop County

194 down 2% down 1%

McLennan County

367 up 18% down 7%

Bell County

592 up 7% up 5%

Bexar County

4,330 no change up 1%

Comal County

296 up 2% down 3%

Guadalupe County

258 down 8% up 2%